Varopakorn PCL (BKK:VARO)

Varopakorn PCL Cash Flow Statement

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	69.46	130.43	-108.51	-58.79	3.87
Depreciation & Amortization	90.53	96.31	108.76	96.7	94.11
Loss (Gain) From Sale of Assets	-0.21	-0.13	0.84	-0.47	-0.18
Other Operating Activities	8.47	-17.84	21.59	6.38	5.5
Change in Accounts Receivable	29.75	-103.17	29.67	0.04	-226.71
Change in Inventory	131.36	-138.28	93.8	576.87	-894.24
Change in Accounts Payable	-	-	-45.33	-211.68	371.23
Change in Other Net Operating Assets	-56	39.11	-35.93	-16.5	-9.65
Operating Cash Flow	273.35	6.43	64.89	392.56	-656.07
Operating Cash Flow Growth	4150.09%	-90.09%	-83.47%	-	-
Capital Expenditures	-19.16	-35.99	-47.72	-44.85	-35.28
Sale of Property, Plant & Equipment	0.21	1.81	0.36	0.54	0.51
Sale (Purchase) of Intangibles	-	-0.26	-0.28	-0.46	-0.15
Other Investing Activities	-	-	-	-0.4	-
Investing Cash Flow	-18.94	-34.44	-47.64	-45.16	-34.92
Short-Term Debt Issued	-	174.84	-	134.34	729.03
Total Debt Issued	-	174.84	-	134.34	729.03
Short-Term Debt Repaid	-272.11	-49.2	-26.41	-413.15	-0.71
Long-Term Debt Repaid	-26.18	-26.71	-34.42	-33.86	-33.54
Total Debt Repaid	-298.29	-75.91	-60.82	-447	-34.25
Net Debt Issued (Repaid)	-298.29	98.93	-60.82	-312.66	694.79
Financing Cash Flow	-298.29	98.93	-60.82	-312.66	694.79
Net Cash Flow	-43.88	70.91	-43.57	34.73	3.79
Free Cash Flow	254.19	-29.56	17.17	347.71	-691.35
Free Cash Flow Growth	-	-	-95.06%	-	-
Free Cash Flow Margin	9.09%	-0.99%	0.68%	9.24%	-26.76%
Free Cash Flow Per Share	2.54	-0.30	0.17	3.48	-6.92
Cash Interest Paid	44.56	54.06	52.47	38.2	16.51
Levered Free Cash Flow	256.4	-85.89	72.48	414.22	-686.81
Unlevered Free Cash Flow	283.39	-51.79	105.72	438.18	-676.51
Change in Working Capital	105.1	-202.34	42.21	348.73	-759.37

Source: S&P Global Market Intelligence. Standard template. Financial Sources.